Continental says cannot rule out tyre price hikes

Newswire

HANOVER, April 25 (Reuters) - Continental AG does not rule out raising prices at its tyre divisions due to higher raw material costs such as for natural rubber, finance chief Alan Hippe told journalists on the sidelines of its annual shareholder meeting.
Despite the slowdown in the U.S. economy, Hippe said on Friday that the situation was more robust than thought and Continental's car tyre business was developing pleasingly in the Americas.
Having had to pull plans for a 1.5 billion-euro ...

Premium Content (PAID Subscription Required)

"Continental says cannot rule out tyre price hikes" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

The Velar interior finds itself in the winners’ circle for sleek elegance, its Touch Pro Duo capacitive touchscreens and two large multi-function dials that change purpose quicker than a chameleon changes its colors....More